Saturday, March 26, 2005
Kansas is tightening oversight of projects that use Sales Tax and Revenue bonds, known as STAR bonds. Legislators are upset by what they see as abuses of the current system. Read more.
In an effort to save a cellophane plant, the Kansas legislature has also passed legislation top provide $1 million in incentives over three or four years. The bill sets a dangerous precedent of earmarking the income tax paid by the plant's employees. Read more.
In North Carolina, the governor's economic development adviser is defending the One North Carolina Fund. Read more.
In South Dakota, the state is adding two more business loan programs. Read more.
Here are some details on Iowa's recent deals. Read more.
Illinois is offering $6.6 million in incentives to auto suppliers. Read more.
In Michigan, the governor wants to use incentives to keep engineering graduates in the state. Read more.
posted by Ed Morrison |
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Some Background on EDPro Weblog
The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it.
One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information.
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Speaking and workshops on Open Source Economic Development
As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking.
Background on Ed Morrison
Download some background information on me here.
Incentive Watch
